# Lead funding: rounds and investors

> Lead has raised $71M across 2 rounds since 2021. Investors include Andreessen Horowitz, Khosla Ventures and Coatue. Every round with its source.

Source: https://millionrounds.com/company/lead (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Lead*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$71M** raised across 2 rounds since 2021, from 2 sources

**$680K** Pre-seed **$70M** Series B

- **Latest round:** Series B, $70M Sept 2025
- **Step-up i:** 102.9×
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2021 2022 2023 2024 2025

**$680K** Pre-seed

**$70M** Series B

- **First round:** Pre-seed, $680K
- **Biggest round:** $70M
- **Between rounds:** 4.5 years

## The rounds

- **Sept 2025** Series B **$70M** *6 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Coatue](https://millionrounds.com/fund/coatue-management) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Source recorded
- **Mar 2021** Pre-seed **$680K** *2 new* [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [Expert Dojo](https://millionrounds.com/fund/expert-dojo) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2021 **Series B** 2025 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Coatue](https://millionrounds.com/fund/coatue-management) [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Expert Dojo](https://millionrounds.com/fund/expert-dojo) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) Accelerator **1** round

[Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round

[IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round

[Expert Dojo](https://millionrounds.com/fund/expert-dojo) Accelerator **1** round

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lead).

## Also claim to have backed them

These 4 firms list Lead as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Greycroft](https://millionrounds.com/fund/greycroft) VC firm Per its own site

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site

[Christian Edler](https://millionrounds.com/fund/christian-edler) Angel network Per its own site

[Oridun Capital Management](https://millionrounds.com/fund/oridun-capital-management-ocm) VC firm Per its own site

## Quick answers about Lead

### Who invested in Lead?

Lead's investors include Andreessen Horowitz, Khosla Ventures, Coatue, Alchemist Accelerator and Ribbit Capital, and 3 more on record.

### How much has Lead raised?

Lead has raised $71M across 2 rounds since 2021.

### When did Lead last raise?

Lead's most recent round was a Series B of $70M in Sept 2025.

### What was Lead's biggest round?

Its most recent round, $70M in Sept 2025, is also its largest on record.

### Who backed Lead first?

Lead's first round on record, in Mar 2021, was backed by Alchemist Accelerator and Expert Dojo.

### What stage is Lead at?

Lead's latest named round is a Series B, in Sept 2025.

### Where is Lead based?

Lead is based in the United States.

## Companies like Lead

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

## Find investors like these

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